Maple Grove median home prices rose by 7.9% in February 2022

Maple Grove median home prices rose by 7.9% in February 2022
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The median sale price of a home sold in February 2022 in Maple Grove rose by $28,500 while total sales increased by 185.7%, according to BlockShopper.com.

In February 2022, there were 40 homes sold, with a median sale price of $388,500 – a 7.9% increase over the $360,000 median sale price for the same period of the previous year. There were 14 homes sold in Maple Grove in February 2021.

The median sales tax in Maple Grove for the most recent year with available data, 2019, was $3,926, approximately 1% of the median home sale price for February 2022.

The following table compares Maple Grove to other Hennepin County cities with similar median sale prices in February 2022:

City Feb. 2022 Home Sales Feb. 2021 Home Sales % change (Total Home Sales) Feb. 2022 Median Sales Price Feb. 2021 Median Sales Price % change (Median Sales Price)
Excelsior 2 1 100% $475,000 $505,000 -5.9%
Corcoran 1 2 -50% $446,000 $2,742,606.25 -83.7%
Plymouth 21 21 0% $425,000 $425,000 0%
Hanover 2 0 – $414,025 $0 –
St. Louis Park 28 22 27.3% $399,500 $355,000 12.5%
Maple Grove 40 14 185.7% $388,500 $360,000 7.9%
Champlin 13 6 116.7% $380,000 $281,500 35%
Golden Valley 13 12 8.3% $358,630 $361,250 -0.7%
Mound 4 3 33.3% $336,000 $260,900 28.8%
New Hope 15 9 66.7% $335,000 $295,000 13.6%
Hopkins 6 6 0% $322,500 $264,250 22%


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